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23 February, 2021updated 30 Oct 2021 05:01

Investing in Portugal: what you need to know

All of the key data and information needed when considering investing in Portugal.

By Carmen

As of 2021, Portugal has a population of 10.2 million, making it the 89th largest country in the world by this measure. There are 47.3% males and 52.7% females.

There are 4.7 million people employed in Portugal, with an unemployment rate of 7.6% – 300,017 people.

Portugal is the 46th largest economy in the world with a GDP of $239.6bn. Portugal’s GDP has grown by 4% between 2010 and 2021 and is expected to grow by 15% by 2025.

As of 2021 there are 353,174 students in tertiary education in Portugal, with 771,207 students in secondary and 613,476 in primary education. Portugal spent 3.3% of its GDP on education in 2019.

Portugal ranked 39th in the World Bank’s Doing Business Report (2020). In the 2019 report it finished 34th. In the World Economic Forum’s Global Competitiveness Report (2019), Portugal finished 34th, after ranking 34th in 2018.

Public healthcare expenditure totalled $14.4bn and private healthcare expenditure equalled $7.3bn in 2018.

The largest urban areas in Portugal are Lisbon (2.8 million people), Porto (1.7 million) and Algarve (441,995).

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